Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement.
A)The project never experiences negative variance.
B)With regards to budget,the project starts badly but finishes well
C)With regards to budget,the project starts well but finishes badly.
D)The project is in a constant state of positive variance.

Question

Use the S-curve where the solid line is actual cost and the dashed line is budgeted cost to choose the best statement. 
A)The project never experiences negative variance. 
B)With regards to budget,the project starts badly but finishes well 
C)With regards to budget,the project starts well but finishes badly. 
D)The project is in a constant state of positive variance.

Quizplus · Accepted Answer

The S-curve shows that at the beginning of the project, the actual cost is significantly higher than the budgeted cost, indicating that the project is over budget. However, as the project progresses, the actual cost starts to align with the budgeted cost and eventually falls below it, indicating that the project finishes under budget. Therefore, statement B is the best choice.

Use the S-Curve Where the Solid Line Is Actual Cost